Patrick Bayer, Chair and Professor

Patrick Bayer joined the Duke faculty in 2006, becoming a professor and chair of the department of economics in 2009. Before teaching at Duke, he was a professor at Yale for six years, during which time he was also a visiting research associate at the Public Policy Institute of California, a visiting economist at the Federal Reserve Bank of New York, and a faculty research fellow and research associate at the National Bureau of Economic Research. Prior to beginning his teaching career at Yale, Patrick received his Ph.D. in economics from Stanford University and his B.A. in mathematics from Princeton University. Patrick’s research studies have focused on such subjects as racial inequality and segregation, urban housing, education, industrial organization, and crime. In the last few years, he has received research grants from the National Science Foundation for 2007-2010 to fund his research on housing market dynamics, and from the Social Science and Humanities Council of Canada for 2007-2010 for his research on competition in local schooling markets. His most recent work has been published in the Quarterly Journal of Economics, the Journal of Political Economy, the Journal of Environmental Economics, and the Economic Inquiry. He is currently working on projects that explore housing price dynamics, racial discrimination in home sales, dynamic equilibrium in city systems, micro-dynamics of neighborhood discrimination, and race as it pertains to the justice system. Patrick has been invited to share his ideas and findings at countless university seminars and presentations. He has presented for the Association for Public Policy and Management, the Atlantic Economic Society, the European Public Choice Society, and the Institute for Research on Poverty. He has also spoken at universities across the nation, including Stanford, Carnegie Mellon, Johns Hopkins, Duke, New York, Syracuse, Yale, and many more. Although his time spent on research is extensive, Patrick also takes time to serve as advisor for graduate students. His performance, as such, earned him the recognition of honorable mention as best graduate advisor for 2004-2005. Over the years, he has served as advisor for nineteen students from universities around the world, held the chair position for the junior recruiting committee in the Duke economics department, been on the senior recruiting committee for the Duke economics department, and was the director of undergraduate studies for the economics department at Yale. Patrick also conducts referee service for over twenty economic journals.

Contact Info:

Office Location:	222 Soc Sci
Office Phone:	+1 919 660 1832
Email Address:
Web Page:	http://econ.duke.edu/~pb29

Teaching (Fall 2009):

• ECON 380.01, ECONOMICS WORKSHOPS

  Social Sciences 111, Tu 03:05 PM-05:45 PM

• ECON 395A.06, TOPICS IN APPLIED MICROECON

  Social Sciences 109, M 02:50 PM-04:20 PM; Social Sciences 109, W 02:50 PM-03:50 PM

• ECON 380.01, ECONOMICS WORKSHOPS

  Social Sciences 111, Tu 03:05 PM-05:55 PM

• ECON 385U.01, URBAN & ENVIRONMENTAL ECON

Office Hours:

Friday 11:00-12:00 and by appointment

Specialties:

Public Finance
Labor Economics
Economics of Education

Research Interests:

Professor Bayer is interested in conducting studies that explore racial discrimination, segregation, crime, school quality and competition, and housing markets. He is currently working on projects that explore housing price dynamics, racial discrimination in home sales, dynamic equilibrium in city systems, micro-dynamics of neighborhood discrimination, and race as it pertains to the justice system. He has received funding for his projects from the National Science Foundation, the Social Science and Humanities Council of Canada research grant, a Housing and Urban Development grant, and others. He has collaborated with several of his contemporaries in conducting his research, most recently Randi Hjalmarsson and David Pozen on “Building Criminal Capital Behind Bars: Peer Effects in Juvenile Corrections,” and Bryan and Paul Ellickson on “Housing Price Dynamics.” He is also currently completing research on “The Microfoundations of Housing Market Dynamics” with Chris Timmins. He is also the co-principal investigator with Robert McMillan for a study entitled, “Competition in Local Schooling Markets” that will go on until 2010. He recently completed a study for the U.S. Department of Education on “The Unintended Consequences of Major Education Policy Reform.”

Areas of Interest:

Residential Sorting
Neighborhood and Peer Effects
Education Demand
School Competition
Housing Markets
Racial Discrimination

Keywords:

Urban • Education • Public • Labor • Segregation • Social Interactions • discrimination education • school choice • school competition • housing markets • house proce dynamics • mortgage crisis • peer effects • neighborhood effects • crime • urban economics • urban sprawl • migration

Current Ph.D. Students  

• Aurel Hizmo  

Recent Publications   (More Publications)

1. Peter Arcidiacono and Patrick Bayer and Aurel Hizmo, Beyond Signaling and Human Capital: Education and the Revelation of Ability no. 13951 (April, 2008) [html] [retirement]
2. Patrick Bayer and Stephen L. Ross and Giorgio Topa, Place of Work and Place of Residence: Informal Hiring Networks and Labor Market Outcomes, Journal of Political Economy, vol. 116 no. 6 (2008), pp. 1150-1196 [html]
3. Patrick Bayer and Fernando Ferreira and Robert McMillan, A Unified Framework for Measuring Preferences for Schools and Neighborhoods no. 13236 (July, 2007) [html] [appendix] [download paper]
4. Patrick Bayer and Christopher Timmins, Estimating Equilibrium Models Of Sorting Across Locations, Economic Journal, vol. 117 no. 518 (March, 2007), pp. 353-374 [html]
5. Patrick Bayer and Stephen L. Ross, Identifying Individual and Group Effects in the Presence of Sorting: A Neighborhood Effects Application no. 12211 (May, 2006) [html]